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Trudeau says housing needs to retain its value
(www.theglobeandmail.com)
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this post was submitted on 29 May 2024
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High housing prices are bad for the economy
Housing prices become high when there is a scarcity of houses in job markets. This means you will have a shortage of labour in those markets because people can’t afford to be there
And if you have a house + are paid well that is still bad for you because there will be less in your area for you